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Several Lenders Move Fixed Rates

Several lenders in Australia reduced some of their fixed rates this week, with The Rock Building Society the latest lender to reduce their five year fixed rates by 50 basis points. St George, BankSA and Bank of Melbourne reduced their two and three year fixed rates by 10 basis points.

Check out the new rates in iLend™.

Lender	Product	Initial Rate	+/-
The Rock Building Society	5 Year Fixed	5.1% 5.25% if LVR > 80%	-0.50%
St George Bank	2 Year Fixed	4.84%	-0.10%
St George Bank	2 Year Fixed Advantage	4.69%	-0.10%
St George Bank	3 Year Fixed	4.94%	-0.10%
St George Bank	3 Year Fixed Advantage	4.79%	-0.10%
St George Bank	Low Doc 3 Year Fixed	4.94%	-0.10%
St George Bank	Low Doc Portfolio 3 Year Fixed	4.94%	-0.10%
St George Bank	Super Fund Home Loan 2 Year Fixed	5.24%	-0.10%
St George Bank	Super Fund Home Loan 3 Year Fixed	5.34%	-0.10%
BankSA	2 Year Fixed	4.84%	-0.10%
BankSA	2 Year Fixed Advantage	4.69%	-0.10%
BankSA	3 Year Fixed	4.94%	-0.10%
BankSA	3 Year Fixed Advantage	4.79%	-0.10%
BankSA	Low Doc 3 Year Fixed	4.94%	-0.10%
BankSA	Low Doc Portfolio 3 Year Fixed	4.94%	-0.10%
BankSA	Super Fund Home Loan 2 Year Fixed	5.24%	-0.10%
BankSA	Super Fund Home Loan 3 Year Fixed	5.34%	-0.10%
Bank of Melbourne	2 Year Fixed	4.84%	-0.10%
Bank of Melbourne	2 Year Fixed Advantage	4.69%	-0.10%
Bank of Melbourne	3 Year Fixed	4.94%	-0.10%
Bank of Melbourne	3 Year Fixed Advantage	4.79%	-0.10%
Bank of Melbourne	Low Doc 3 Year Fixed	4.94%	-0.10%
Bank of Melbourne	Low Doc Portfolio 3 Year Fixed	4.94%	-0.10%
Bank of Melbourne	Super Fund Home Loan 2 Year Fixed	5.24%	-0.10%
Bank of Melbourne	Super Fund Home Loan 3 Year Fixed	5.34%	-0.10%